Funding help for construction projects
So, you may be thinking, “Why does this matter to me?” Well, because the funding has been increased by £62B, including a £15b increase for the education sector. This matters to us because here at Howells glazing, especially this year we have dealt with a lot of School projects.
Our most recent projects include manufacturing 2 canopies for the client Neville Special Projects for Biggleswade Academy, a lantern roof light for the client Sewell Construction for Leeds University of Fine Art and a glazed canopy for the client HOC UK Ltd for St Marys Magdalene Academy.
There’s also great news if you’re a SME just like us. Small Medium Enterprises can access local funding to invest in their company. After researching into this there are two main ones for Dudley Council. The first one is called the Mezzanine Loan Fund which has £56m to invest. SME’s can have up to £2m invested into their company. The great thing is, this is only available to SME’s in the West Midlands. To gather more information, contact Finance Birmingham on 01212334903.
The second source is the Black Country Reinvestment Society Loan which will invest between £10k – £100k to business’ of up to 250 employees and a turnover not exceeding £5m per year. Brilliant for SME’s. To gather more information, contact BCRS on 08453138410.